To convey your property to a son and a daughter on a one-third/two-thirds basis, you would want to convey title as

A. community property.
B. tenancy in severalty.
C. tenancy in common.
D. joint tenancy.

Answer: C. tenancy in common.

Business

You might also like to view...

Nance Technologies, Inc, has agreed to sell some of its computers to a company in Bascovina, a country whose currency is worthless outside its own borders

As part of the agreement, Nance will sell the foreign customer its computers in exchange for a specified number of tons of coffee, a major export of Bascovina. Nance has already arranged to sell the coffee to a major processor for a set price in U.S. dollars. Nance has engaged in ________. A) bartering B) foreign licensing C) exporting D) countertrading

Business

A joint venture occurs when partners share ownership of a new enterprise

Indicate whether the statement is true or false.

Business